How to open a current account

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To open a current account, you must contact the bank and provide a package of documents, which includes:

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applicant's passport;
certificate of state registration of an individual entrepreneur or legal entity;
other documents at the bank's request.
According to the law, the bank carries out armenia whatsapp number data identification of the client, which is why the bank checks documents offline upon the first request.

On the topic. Current account for individual entrepreneurs: how to open and what are its advantages



What is a personal account?
A personal account is an account intended for personal financial transactions of individuals. It is used to store money, make purchases, pay for services, receive wages and transfers.



How to open a personal account
Opening a personal account is a less formalized process than opening a current account. To do this, it is enough to present a passport at a bank branch (when first contacting the bank) so that the client goes through the KYC (know your client) procedure. When the bank already knows the client, the personal account can be opened remotely in a couple of clicks on the phone.



What is the difference between a current account and a personal account?